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Greece

KPMG’s “Stella Report,” commissioned by Philip Morris International, reported that Greece has the highest rate of contraband cigarettes in the European Union, costing governments €690 million in revenues last year. Read more

News

Greece’s government has submitted an amendment in parliament writing off a €44 million fine the state had imposed on tobacco company SEKAP over smuggling infractions. Read more

News

Papastratos, a Philip Morris International subsidiary, no longer manufactures cigarettes but instead makes tobacco sticks. Read more

Products

SEKE: Quality Leaf from Greece’s Largest Supplier

Image courtesy of S.E.K.E. S.A.

With multinationals comprising its by far largest customer segment, SEKE S.A. is today Greece’s top tobacco merchant by total volume and value, making the cooperative a poster child for Greece’s economic recovery. Read more

Features

Kavex: Supplying the World from Thessaloniki

Image courtesy of Nicos Gleoudis Kavex S.A.

Having managed to survive the economic upheaval that gripped Greece in recent years and saw the demise of many local tobacco merchants, Nicos Gleoudis Kavex S.A. has emerged as a stronger entity, selling its products on four continents. Read more

Features

Greek Leaf: Out of the Doldrums Yet?

Image courtesy of S.E.K.E. S.A.

The Balkan region has a long tradition of tobacco growing. Greece is no exception and is indeed one of the world’s foremost suppliers of oriental leaf. Nevertheless, the country’s growers and traders have experienced a veritable rollercoaster ride. Read more

Features

Philip Morris International plans to invest millions of dollars to convert a traditional cigarette factory in Greece into an iQOS production plant. Read more

News


From the Associate editor

Reflections and Resolutions

An eventful year for an industry undergoing changes, and more to come.

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